Women’s buying power reshaping SA property market

  • 📰 IOL
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 51%

Business News News

The data highlights a steady rise in women’s buying power that is fundamentally reshaping the South African property market, which was traditionally dominated by men.

In all, 58 percent of Leadhome’s buyer enquiries and 55 percent of seller enquiries are from women.

Today, there are more women in the workplace than ever before, and they’re buying homes - no matter the size of their salary. While women still lag men in some areas of the economy, it’s exciting to see the growing number of South African women who are asserting their right to home ownership. Leadhome’s data shows that women account for 45 percent of all property registrations while 7 percent are joint registrations.

In all, 25 percent of buyer enquiries and 22 percent of seller enquiries come from women in their 30s. Nearly half of people making offers on homes through Leadhome are in their 30s, and 26 percent are in their 40s.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 46. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Restaurant Association of SA cheers while hurt tobacco industry is waryThe tobacco industry has cautiously welcomed the announcement that cigarettes can be sold from Tuesday, but the ban on trade for five months has left it reeling.
Source: TimesLIVE - 🏆 28. / 59 Read more »